Trade secret misappropriation costs the U.S. economy about $300 billion each
year. While some say this estimate is overblown, few question that robust
trade secret protection is essential in light of cyber-spooks. The long-awaited
Defend Trade Secrets Act (DTSA), signed into law May 11, 2016, creates a
strong federal cause of action that unifies, beefs up, and streamlines trade
secret law, misappropriation protections and litigation.